Corporate Announcement
Security Code : 532952    Company : NAHARCAP    
 
Updates on Open Offer 
  Exchange Disseminated Time     
Sobhagya Capital Options Ltd ("Manager to the Offer") for and on behalf of Oswal Woollen Mills Ltd ("Acquirer") has issued this Corrigendum to the Public Announcement to the shareholders of Nahar Capital and Financial Services Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") dated February 13, 2010, to acquire up to 20,41,813 fully paid up equity shares of Rs 5/- each of the Target ("Share") representing 12.19% of the total paid-up equity share capital of the Target Company, pursuant to & in pursuant to and in compliance with Regulation 11(2A) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations").

The Shareholders of the Target Company please note that the "Schedule of Major Activities Relating to the Offer" has been changed shall be read as under:

Schedule of Major activities relating to the Offer:

------------------------------------------------------------------------------------------
Activity Original Schedule Revised Schedule
------------------------------------------------------------------------------------------
Specified Date March 01, 2010 March 01, 2010
Date of Opening of the Offer April 09, 2010 April 28, 2010
Date of Closing of the Offer April 28, 2010 May 17, 2010
------------------------------------------------------------------------------------------


All other terms & conditions of the offer as set forth in the PA are unchanged.
 

Disclaimer

Back To Announcements